Laker Energy Products sold to BWXT

02 January 2020

On January 2, 2020, BWX Technologies, Inc. announced that its subsidiary BWXT Canada Ltd. had acquired Laker Energy Products Ltd.

Based in Oakville, Ontario, Laker Energy Products is a leading supplier of nuclear-grade materials and precisely machined components for CANDU® nuclear power utilities around the globe. The transaction broadens BWXT's portfolio of critical CANDU® components for its global customer base.

Gowling WLG was counsel to the sellers with a team that included Michael Herman, David Campbell and David Torchetti (corporate/M&A) and Paul Carenza and Mariam Al-Shikarchy (tax), assisted by students-at-law Sean Whiting and Howard Xin.

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